Why Borivali Should Be a Prime Destination for Real Estate Investors

By Lodha

Borivali is evolving into one of Mumbai's most sought-after real estate destinations for those who are looking to live or invest in spacious and luxurious residences. For homebuyers, the property in Borivali allows them to allow solitude and calmness in greenery, all while being close to the city's hotspots. The existing and under-construction projects promise world-class amenities, complemented by access to local markets, restaurants, and recreational facilities. For residential investors, flats in Borivali are ideal for generating steady rental income and poised for significant appreciation in value over time. Here’s why:

Location and Connectivity

An isolated development will not appeal to potential buyers or renters, resulting in low rental yields and limited market demand. For real estate investors, connectivity and accessibility are of utmost priority because they can impact the property's value, demand, and return in investment (ROI).

Borivali is well-connected by road and rail, with the local railway's Western Line linking commuters to Churchgate in South Mumbai and as far as Virar in Maharashtra's Palghar district. Additionally, the newly opened metro lines—2A (Yellow Line) and Line 7 (Red Line)—help connect this suburb to other integral parts of the city. Air connectivity is also extremely convenient, as the domestic and international airports are only a 30 to 40-minute drive away. Borivali West is accessible via New Link Road, while Borivali East can be reached through the Western Expressway. The upcoming twin-tube tunnel connecting Thane to Borivali, passing under the Sanjay Gandhi National Park, is another bonus point for this suburb.

Social Infrastructure

When it comes to social infrastructure, Borivali East and West have easy access to local markets for fresh produce and shopping, and parks with ample greenery. Additionally, the area has supermarkets, malls, restaurants, well-known hospitals, and recreational facilities, at an arm's distance. Borivali is also very close to the Sanjay Gandhi National Park, which is home to the 2000-year-old Kanheri Caves, and innumerable species of flora and fauna.

Real Estate Value and Market Potential

The metro expansion and improvements in overall public infrastructure are key factors driving Borivali's potential as a real estate investment hotspot. Recognising this potential, prominent developers like Lodha have upcoming residential projects in Borivali West. One such project that residential investors should keep an eye on is Lodha Altus, located in Saibaba Nagar. The twin towers, featuring ultra-spacious 3- and 4-bedroom residences, open to generous sundecks that offer sweeping views of the Sanjay Gandhi National Park. Residents can enjoy more than just scenic views within the 1.7-acre estate, as around 85% of the space is dedicated to open areas and beautifully manicured greenery. While the homes available in Borivali West are priced at approximately Rs. 20,000 to Rs. 25,000 per square foot, residential projects in Borivali East are relatively affordable. The availability of diverse options because of the perceived market potential makes Borivali a solid option.

Borivali is a compelling destination because it offers a balanced blend of connectivity, public and social infrastructure, and high market potential. The area's rising demand and potential for property value appreciation further make it a great choice for a long-term investment. For future homebuyers, the grand residences of Lodha Altus Borivali are where they can truly live iconic. For investors, this is your chance to invest iconic in a premium location that promises only exceptional long-term returns.